Outsourcing in International Economic Relations

• Main Authors: Yuriy Bilan, Vitalii Nitsenko, Iuliia Ushkarenko, Anna Chmut, Olga Sharapa
• Format: Article
• Language: English
• Published: University of Montenegro - Faculty of Economics Podgorica 2017-09-01
• Series: Montenegrin Journal of Economics
• Subjects: outsourcing; market outsourcing services; international markets; outsourcing of business processes
• Online Access: http://www.mnje.com/sites/mnje.com/files/175-185__bilan_et_al.pdf

Entities from different countries interact through various forms of international cooperation, integration, subcontracting, outsourcing to ensure competitive advantage, reduce costs and increase economic efficiency. The article is an analysis and synthesis of existing approaches to defining the essence of outsourcing research and its application in international. The article deals with the prerequisites of outsourcing as a new form of organization of business processes. There are investigated and classified approaches to defining the essence of outsourcing. The hierarchy of objectives and motives based on organization of outsourcing is built. The practice of outsourcing during implementation of international economic relations is studied. Specifically examined the dynamics of development of the outsourcing market. Studied leader countries which provide outsourcing services and major consumers of these services.